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Tuesday, March 31, 2015

Belmont County Appreciative of Partnership With Rice Energy

Belmont County has done quite a bit of business with Rice Energy since the Utica shale boom has gotten rolling, and the county has seen the benefits.

The county has entered into multiple lease agreements with Rice, with the latest one bringing Belmont $8,200 an acre plus 20% royalties.

County officials are expressing their feelings about Rice Energy's presence and impact.

From The Intelligencer/Wheeling News-Register:
Coffland and fellow commissioner Mark Thomas recognize Rice as a company that will help the county for years to come. 
“That is an impressive amount of acreage in the county, but it is not a complete surprise,” Thomas said. 
“They have been very aggressive and active in seeking out leases with property owners. We wish them great success and prosperity because with their success, we will prosper.”
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